Basketball
Euroleague sanctions ASVEL for financial violations
It’s official now. of euro league We issued a statement on Monday this week, Asbel Villeurbanne For failing to comply with financial fair play. Amid rumors of the club’s intention to participate in the Basketball Champions League in the future, the competition imposed sanctions on the French club for “applying Competitive Balance Standards (CBS) regulations”.
he Asbel Facing stiff fines if you fail to meet the financial requirements ofMaximum and minimum levels of player rewards It correlates with the club’s average market revenue. ”
of euro league It justified its decision under Article 10.8 of the Regulations, which states that “clubs must reach the LRL (minimum remuneration level) before the end of the EuroLeague registration period”. According to the tournament, French clubs failed to meet 80% of the minimum spending requirement on the first day of the season.
“As previously announced, the minimum remuneration level (LRL) for the 2025-26 season will be The net amount was set at 5,846,983 euros” explains euro leagueHe adds. Asbel These requirements are not met.
Source: Mundo Deportivo
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